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Announced

KARL STORZ to acquire Asensus Surgical for $95m.

Synopsis

KARL STORZ, a medical device company that manufactures and sells endoscopes and surgical instruments, agreed to acquire Asensus Surgical, a company spacializing in digital solutions for the operating room, for $95m. "We are pleased to have reached this agreement with KARL STORZ, which we believe maximizes value for our stockholders. This transaction is a testament to the value of our innovative robotic and digital technology, intellectual property, and the hard work of our talented team. We are excited to enter the next chapter for Asensus with KARL STORZ, which will allow us to continue to develop and deliver precise, safer, predictable surgery and digital tools to patients and surgeons around the world," Anthony Fernando, Asensus Surgical President and CEO.

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